68224
Malaysia IPI Strong
Malaysia IPI Strong

Malaysia IPI Strong

Malaysia IPI Strong

Malaysia’s manufacturing sector, especially the electrical and electronic sector, underpinned the May industrial production index’s strong growth of 4.6% from a year ago, CNA reported. According to the Statistics Department on Wednesday, the IPI exceeded a survey of a 4.1% growth. The manufacturing index  expanded 7.3%–after expanding 6.7% in April–while the electricity index rose 2.5%. However, the mining index declined by 2.3%. The major sub-sectors which expanded in May were: electrical and electronics products (11.6%); food, beverages and tobacco (12.9%); and petroleum, chemical, rubber and plastic products (3.1%). The electricity sector output increased by 2.5% in May after a decrease of 1.5% recorded in April.

 

 

Short URL : https://goo.gl/Lv1D6j
  1. https://goo.gl/X9i4U4
  • https://goo.gl/mJcC1g
  • https://goo.gl/td2Hci
  • https://goo.gl/gHAjDE
  • https://goo.gl/CzTtz4

You can also read ...

India Launches 888 Anti-Dumping Probes
The Indian government has initiated as many as 214 anti-...
Fitch Retains Philippine  Debt Rating
Global debt watcher Fitch Ratings kept the Philippines’...
Federal Reserve Board Chairman Jerome Powell speaks during a hearing before the Senate Banking, Housing and Urban Affairs Committee.
US Federal Reserve Chairman Jerome Powell said protectionism...
Shifting transactions from cash to digital payments holds great promise for  individuals, businesses and governments.
More than 23% of the world's economy operates out of sight of...
UN to Help Rebuild Gaza Economy, Create Jobs
Against the backdrop of rapidly rising tension, violence,...
All Asian currencies have declined this year in the fallout from the US-China trade war.
Don’t be fooled as Asian currency swings seemed to be...
Africa Next Frontier for Crypto
Cryptocurrency is not bound by geography because it is...
EU to Fine Google $5 Billion
Google will be fined about €4.3 billion ($5 billion) by the...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus